The time to provide comps, photos, and details was before appraisal was ordered.

Some will say it's financial suicide to not do it.I'm not going to go into all the details.

If you're going to do co-owning then i'd suggest laying out in great detail who will be responsible for whatHere to help or advice if you need it

I really appreciate the detailed insights you shared—it gives me a lot to think about. 

The other person is your investment partner in LLCPartners in LLC pay taxes based on operating agreement and % ownership (each partner gets a Schedule K-1 to report the income from LLC on personal tax return)@Nicholas Dutson more details needed on your property, what it's worth, etc to answer this.

If I buy with a financing contingency it is spelled out in detail in the contract.

Based upon the details you have, there could be potential questions from an UW on the purchase of the quadplex as to why you would be making the change from the current primary to the quadplex and from the brief information you've provided there are could be a lot of reasons why. 

I think this is the gift and the curse of a still emerging asset class (short term rentals) - as it becomes more "institutional" i.e. more like commercial real estate with more sophisticated buyers then financials and systems for this will likely become more streamlined and stable, but we are still in a place where the buyer pools are more newish investors or typically residential basic investors, so not has experienced or sophisticated evaluating investments based on a detailed financial analysis like more seasoned commercial investors likely would.anyways, just a guess on what might be going on here

Hey Chris, Let's connect and discuss this in more detail.

You are NOT paying for our labor and materials , its much more than that , office staff , trucks , tools , insurance , taxes , benefits , health insurance , etc are all part of the price .